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Assume the following facts -a project will cost $45,000 to develop when the system becomes operational after a one-year development period, operational costs will be
Assume the following facts -a project will cost $45,000 to develop when the system becomes operational after a one-year development period, operational costs will be $9,000 during each year of the system's five-year useful life the system will produce benefits of $30,000 in the first year of operation, and this figure will increase by a compound 10% each year (HINT: year 2 would-$33,000) What is the payback period for this project? What is the RO1? -What is the NPV? (use a 10% discount factor)
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